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Cost of living: Austin, TX vs Salt Lake City, UT (2024)

Quick answer

Overall prices in the Austin, TX metro were 98.1 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Austin is 2.8% less expensive than Salt Lake City; housing rents differ by 2% (120.4 vs 123.3). A $75,000 income in Austin buys about what $77,143 buys in Salt Lake City, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)AustinSalt Lake CityAustin vs Salt Lake City
All items98.1100.9-2.8%
Goods93.896.4-2.8%
Housing (rents)120.4123.3-2.4%
Utilities82.079.0+3.9%
Other services96.299.0-2.7%
All items, 200899.698.5+1.1%
$50,000 in Austin equals in Salt Lake City$51,429
$100,000 in Austin equals in Salt Lake City$102,857
$150,000 in Austin equals in Salt Lake City$154,286

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Last updated 2026-10-16. Data only, not financial or tax advice.

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